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The Transnistrian Republican Bank has largely been held afloat by economic intervention from Russia who is the only state that has provided financial assistance to Transnistria, however, since 2014, Russian aid has steadily declined forcing the Transnistrian Republican Bank to rely further on domestic and Moldovan financial institutions, investments and credit.
Transnistria's central bank, the Transnistrian Republican Bank. Transnistria has its own central bank, the Transnistrian Republican Bank, which issues its national currency, the Transnistrian ruble. It is convertible at a freely floating exchange rate but only in Transnistria. Transnistria's economy is frequently described as dependent on ...
It considers the current Transnistria-based PMR government to be illegitimate and not the rightful representative of the region's population, which has a Moldovan plurality (39.9% as of 1989). [37] The Moldovan side insists that Transnistria cannot exist as an independent political entity and must be reintegrated into Moldova. [citation needed]
Transnistria, which has a population of about 470,000, is a thin strip of territory located between the eastern bank of the Dniester River and Moldova’s border with Ukraine.
The central bank determines each workday whether it is appropriate to devalue the currency against the US dollar. [citation needed] As of 12 October 2024 [10] (Transnistrian ruble per foreign currency unit) US dollar: 16.1000 rubles; Euro: 17.6150 rubles; Russian ruble: 0.1676 rubles; Ukrainian hryvnia: 0.3907 rubles; Moldovan leu: 0.8821 rubles
The Government of Pridnestrovian Moldavian Republic is the political leadership of the unrecognized, but de facto independent, Pridnestrovian Moldavian Republic (PMR), commonly known in English as Transnistria.
Mexico's central bank board could discuss a rate cut of either 25 basis points or 50 basis points in its next decision in February, Deputy Governor Jonathan Heath told Reuters, even as he warned ...
The Pridnestrovian Moldavian Soviet Socialist Republic [a] (PMSSR), also commonly known as Soviet Transnistria or simply as Transnistria, was created on the eastern periphery of the Moldavian Soviet Socialist Republic (MSSR) in 1990 by pro-Soviet separatists who hoped to remain within the Soviet Union when it became clear that the MSSR would achieve independence from the USSR and possibly ...